Streams

$10 Million Bread Battle: Twist-Tie Vs. Plastic Clip

Wednesday, March 13, 2013

Fun story from Businessweek:

It's a battle fought by the makers of inconspicuous little products that cost a fraction of a penny to produce—the ones that everyone knows and nobody thinks about, but which represent more than an estimated $10 million in annual sales. Insiders describe the turf as the bakery bag closure and reclosure market; this is the battle of the plastic clip vs. the twist-tie. ...

"I'll be sitting next to someone on an airplane, and the first comment is always, 'You make your living out of that one little clip?'" says Hal Miller, Kwik Lok's vice president of sales.

"Then they think for a second and say, 'Well, I guess somebody has to make 'em.'"

Read the whole thing here.

Correction: The original Businessweek story incorrectly stated that this is a $10 billion market (and we perpetuated that error by quoting from the story.) Businessweek has since corrected the error.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

Source: NPR

Tags:

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.